Which statement is true about a company's choice of capitalization policy? O The company's policy...
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Accounting
Which statement is true about a company's choice of capitalization policy? O The company's policy must meet the minimum capitalization amounts established by GAAP. The company may elect to capitalize operating expenses which exceed the minimum threshold for asset capitalization. The company's policy is usually determined relative to materiality. All assets with a useful life of more than one year must be capitalized
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